Collective Rationality

Publisher : OUP USA

ISBN-13 : 0195388380

Page : 270 pages

Rating : 4.5/5 from 380 voters

Groups of people perform acts that are subject to standards of rationality. The book's theory of collective rationality explains how to evaluate collective acts. The people engaged in a game of strategy collectively produce an outcome, and the theory reveals what makes some outcomes solutions. It generates new equilibrium standards for solutions to cooperative games.

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